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Jordan Gabbert will oversee investor engagement and outreach for middle-market private equity firm MiddleGround Capital.
Alatex enhances IBC's presence in the Houston market, and Dutton’s product mix aligns with the buying group's supplier partners.
The acquisition will position the manufacturer for new product development and continued penetration into the electrical distribution channel, company officials said.
Less than one-fifth of respondents' expect economic conditions to improve over the next three months.
Graybar reported its highest first-quarter net sales ever and its third-best sales for any quarter in its history.
The electrical and PVF supplies distributor says its new McNaughton McKay Group branding brings its five subsidiary companies under a single, cohesive banner.
The distributor announced an upcoming two-for-one stock split, marking Fastenal's ninth split in its history and first since 2019.
Based in Texas, Maverick Beverage is a distributor of wine and craft spirits, operating across six states with approximately 500 employees.
U.S. durable goods orders surged in March, far exceeding forecasts, driven by a jump in transportation equipment as firms rushed to beat potential tariffs.
